LS AUTOLAKK AS

3263 LARVIK

Finances

Share Ownership

Return on Equity

35,74 %

Current Ratio

0,17

Debt-to-Equity Ratio

−0,07

Key figures (NOK)	2021	2020	2019
Revenue	1 677 000	1 744 000	285 000
Net Income	−1 859 000	−1 476 000	−78 000
Total Assets	1 652 000	1 863 000	652 000
Total Equity	−5 202 000	−1 529 000	−53 000

Income (NOK)	2021	2020	2019
Revenue	1 677 000	1 744 000	285 000
Expenditure	3 519 000	3 142 000	352 000
Operating Profit	−1 841 000	−1 399 000	−68 000
Financial Income	0	0	0
Financial Costs	18 000	77 000	10 000
Financial Balance	−18 000	−77 000	−10 000
Earnings Before Tax	−1 859 000	−1 476 000	−78 000
Tax	0	0	0
Net Income	−1 859 000	−1 476 000	−78 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	518 000	518 000	501 000
Total Current Assets	1 134 000	1 345 000	151 000
Total Assets	1 652 000	1 863 000	652 000
Total Retained Equity	−5 226 000	−1 553 000	−78 000
Total Equity	−5 202 000	−1 529 000	−53 000
Total Long-Term Debt	340 000	357 000	571 000
Total Current Debt	6 514 000	3 035 000	134 000
Total Equity and Debt	1 652 000	1 863 000	652 000

Cash flow (NOK)	2021	2020	2019
Sales Income	1 677 000	1 744 000	285 000
Other Income	0	0	0
Revenue	1 677 000	1 744 000	285 000
Cost of Goods Sold	724 000	510 000	70 000
Salary Costs	1 565 000	1 569 000	0
Depreciation	0	0	7 000
Impairment	0	0	0
Expenditure	3 519 000	3 142 000	352 000
Operating Profit	−1 841 000	−1 399 000	−68 000
Financial Income	0	0	0
Financial Costs	18 000	77 000	10 000
Financial Balance	−18 000	−77 000	−10 000
Dividends	0	0	0
Net Income	−1 859 000	−1 476 000	−78 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	518 000	518 000	501 000
Total Tangible Assets	518 000	518 000	501 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	518 000	518 000	501 000
Stock	700 000	700 000	0
Total Investments	0	0	0
Cash, Bank	100 000	181 000	15 000
Total Current Assets	1 134 000	1 345 000	151 000
Total Assets	1 652 000	1 863 000	652 000
Total Equity	−5 202 000	−1 529 000	−53 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	340 000	357 000	571 000
Creditors	3 963 000	1 727 000	70 000
Unpaid Taxes	259 000	126 000	0
Dividends	0	0	0
Other Current Debt	2 292 000	1 183 000	64 000
Total Current Debt	6 514 000	3 035 000	134 000
Total Equity and Debt	1 652 000	1 863 000	652 000

Financial indicators	2021	2020	2019
Return on Equity	35,74 %	96,53 %	147,17 %
Debt-to-Equity Ratio	−0,07	−0,23	−10,77
Operating Profit Margin	−109,78 %	−80,22 %	−23,86 %
Current Ratio	0,17	0,44	1,13
Quick Ratio	0,2	0,58	1,13
Equity Ratio	−3,15	−0,82	−0,08
Gross Profit Margin	56,83 %	70,76 %	75,44 %